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Nickel companies continue to experience difficulties

Nickel Russian enterprises continue to suffer losses associated with a decrease in prices on the market and the lack of strong demand for the metal. In particular, from a lack of funds suffered CJSC Research and Production Company «Geotechnology» (Petropavlovsk-Kamchatsky), specializing in the extraction and enrichment of nickel, copper and cobalt ores. This week, the staff Office of the Federal Bailiff Service of the Kamchatka Territory have arrested an account of the company and seized on her special equipment.

According to materials published in the media of the Kamchatka Territory, «Geotechnology» owed to creditors (including the companies supplying fuel company) more than 30 mln. Rubles, for which relatively assets to the government agencies for appropriate sanctions applied.

According to information received from representatives of the FSCP, major industrial companies object — copper-nickel mine «Shanuch» — staff service is not touched. Nevertheless, the question of the arrest and sale (at the expense of compensation payable) of certain real estate owned by the joint stock company, has been raised.

Cobalt — copper — nickel deposit Shanuch located in the western part of the Chem-Kirganinskoy ore zone; his study started in 1971, and mining resources — at the beginning of this century. Projected resources of nickel at this mine — 152.3 thousand tons.